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Monday December 4, 7:54 AM

SBI Holdings plans after-hours stock trading:paper

TOKYO, Dec 4 (Reuters) - Japanese venture capital firm SBI Holdings Inc. will launch an after-hours stock trading platform as early as February, having invested some 300 million yen ($2.6 million) in the project, the Nihon Keizai business daily reported on Monday.

All domestic stocks listed on Japan's exchanges will be available for trade from 6 p.m. to 11:50 p.m. (0900-1450 GMT) on weekdays, the Nihon Keizai said.

The company intends to have both traditional and online brokerages participate in the trading system, in order to ensure fair pricing, the paper said.

The move comes after online brokerage kabu.com Securities Co. Ltd. launched an after-hours trading platform earlier this year.

 


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